1-bed · 779 sqftCanal Heights 1, Business Bay · 9th floor · completed 2026

916, Canal Heights 1

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 916 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2.24M15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 916, Canal Heights 1

What is 916 worth today?

Last sold for AED 2,243,000 in 2024

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15 Nov 2024Sold by developerOff-plan
AED 2,243,000AED 2,880 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
779 sqft
Floor
9th of 41
Parking
1
Developer
Vesta Real Estate Development
Completed
2026
Last sold
AED 2.24M · November 2024

About 916, Canal Heights 1

916 is a one-bedroom apartment of 779 sqft on the 9th floor of Canal Heights 1, a 41-storey tower in Business Bay completed in 2026 by Vesta Real Estate Development . The developer sold it on 15 November 2024 for AED 2,243,000, or AED 2,880 per sqft, in line with the AED 2,900 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 916 over time

Sales
Unit 916, each saleTypical one-bed in Canal Heights 1
2.4M20232024202520262027Typical sale price by year: 2023 AED 2,250,000; 2024 AED 2,259,010; 2025 AED 2,324,345; 2026 AED 2,481,000Sold by developer, November 2024: AED 2,243,000 (AED 2,880 per sqft)

916 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Canal Heights 1, and where 916 sits

All 142 1-beds →

916 last sold in November 2024 at AED 2,880 per sqft, in line with what one-beds in Canal Heights 1 were fetching at the time (AED 2,900). Over the last 12 months one-beds sold for AED 1,927,000 to 2,530,000, around AED 3,006 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Mar 20262,527,000
27 Mar 20261,927,000
13 Mar 20262,530,000
19 Feb 20262,481,000
5 1-bed sales in the last 12 months

Canal Heights 1

Building

408 apartments, studios to 3-bed over 41 floors in Business Bay, completed in 2026 by Vesta Real Estate Development . 30 sold in the last 12 months.

Typical price per sqft
AED 2,813 Down 2.6%
Typical sale
AED 2.91M
Typical rent
Few contracts
Typical yield
Canal Heights 1, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 408 units in Canal Heights 1
Value
9011-bedAED 2M · Aug 2023
902StudioAED 1.32M · Aug 2023
903StudioAED 1.34M · Sep 2023
904StudioAED 1.32M · Sep 2023
905StudioAED 1.29M · Sep 2023
906StudioAED 971K · Jul 2024
907StudioAED 1.33M · Nov 2024
1–7 of 15

916, Canal Heights 1 in numbers

  • Sold once: by Vesta Real Estate Development on 15 November 2024 for AED 2,243,000, or AED 2,880 per sqft.
  • One-beds in Canal Heights 1 sold for AED 1,927,000–2,530,000 in the 12 months to November 2026; the building's median across all types is AED 2,813 per sqft.

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 916, Canal Heights 1

What did unit 916 last sell for?

AED 2,243,000 on 15 November 2024, sold by the developer: AED 2,880 per sqft for 779 sqft. It is the only registered sale of the unit.

How big is unit 916?

779 sqft (72.4 sqm): a one-bedroom apartment on the 9th floor of a 41-storey tower completed in 2026.

What is unit 916 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Canal Heights 1 sold for AED 1,927,000 to 2,530,000 in the last 12 months, around AED 3,006 per sqft.

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Mortgage on 916, Canal Heights 1

Starts from the last sale price (AED 2.24M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,243,000
Deposit, UAE resident (20%)
AED 448,600
Deposit, non-resident (40%)
AED 897,200
Monthly over 25 years at 3.7%
AED 9,177

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →